Currencies Outlook: US Dollar Strong as Holidays End - Binary News

Holidays are over and September begins with an impending geopolitical risk increase in Euro from the conflict in Ukraine and the threats on the commerce between Europe and Russia.

The economic attention will be focused on Frankfurt next Thursday for the ECB press conference on its Monetary Policy Making meeting. The comments from Mario Draghi at Jackson Hole, last weekend, have increased expectations on ECB's policy decision. According to Draghi's words, the Euro approaches the feared deflation, leading to a slowdown of the economic growth and an increase of unemployment in Europe. The recent announcements on Germany's economy confirm this prediction.

Tomorrow, Mario Draghi meets French President Francois Hollande in Paris. A few days ago, French Prime Minister Manuel Valls called for more action.. Read More

DISCLAIMER:This website is not a provider of Binary Options services. It is a Binary Options portal website, providing information and resources related to Binary Options. You must visit any external website links and advertisements at your own descretion. The services offered by these websites may be recommended by this website, but are not guaranteed by it. Your dealings with these websites are not the responsibility of the owner of this website.